Swiss Franc Carry Trade Strategy

The September issue of Currency Trader Magazine was released today. Some of the highlights include:

  • A look at an advanced carry trade strategy involving the Swiss Franc.
  • The CFTC gains jurisdiction over retail forex fraud.
  • What will drive the forex market in Q4.
  • Yen crosses on the move.
  • U.S. dollar rockets higher, Euro tumbles.
  • China changes forex regulation.

The magazine can be downloaded for free by signing up at

Top 500 Forex Websites

Forex on Top was updated today with the latest traffic rankings for what has now grown to 500 forex websites. Their is no doubt that Google is the best place to search for specific forex content but if you’re looking for websites that you can sink your teeth in, this is the place to find them. You can also browse the top 20 movers to find upcoming forex sites that might be worth exploring.

Forex On Top Back From Hiatus

Forex on Top was updated this evening with the latest and greatest traffic rankings. Check them out at

Access To High Leverage Does Not Mean You Have To Use It

The May issue of Currency Trader Magazine is out.  Highlights include:

  • Forex Margin – You have access to extremely high leverage in the forex market, but that doesn’t mean you have to use it.
  • Can anything stop the Euro?
  • Time the Euro using short-term momentum.
  • Currencies and stock markets.
  • The latest on the Aussie and kiwi dollars.
  • Bank of Japan get a new chief.

You can download the issue for free at

Most Popular Forex Websites

Forex On Top was updated this afternoon and there are a lot of big moves.  Why visit?  The most informative sites tend to bubble up to the top.  With so many forex websites out there, it’s tough to disseminate the good from the bad.  Granted, there are a lot of broker sites in the top 50 but there are also a lot of non-broker sites mixed in that get just as much traffic.  This is impressive considering they’re competing without expensive advertising campaigns.  Check out sites ranked 1-50, 51-100, 101-150, and more.  You can also check out the forex websites that have increased their rank the most from last week at Forex Movers.

Forex Position Size Calculator Bug Fix

There was an issue with the position size calculator at that came to my attention last week when determining the position size of the CHF/JPY.  For example, when selecting CHF/JPY, the calculator needs the current price of two pairs, the CHF/JPY and the USD/CAD.  The bug was preventing the output of the second pair needed to determine position size, in this example, the USD/CAD.  The pairs affected were:

CAD/CHF, all pairs with CHF in the base, all pairs with DKK in the base, and the HKD/JPY.

This has been fixed.

Short-term Forex Trading With Micro Price Action

currency trader magazine march 2008

The March Issue of Currency Trader Magazine was released.  There’s an article on short-term forex trading with micro price action that I found interesting and unique.  Other features in my order of interest include:

  • Foreign currency mortgages may help borrowers survive
  • Why is the yen trading higher?
  • USD/GBP on the down slope
  • A new phase might be unfolding for the USD/CAD
  • What’s down with the Australian dollar?

You can download your free issue at

Rob Booker Is a Top 20 Mover

I announced last week that Forex Most Visited Websites, http://www.forexontop now has another level of criteria to rank forex websites.  Last year, sites were ranked using only Alexa rankings.  Then Compete rankings were incorporated.  Now Quantcast rankings have been added to the mix.  Rankings changed a lot last week when Quantcast was added but this week, the rankings have stabilized.  

The largest gain this week was Rob Booker’s site which moved 12 places to #74.   Another top mover was Ckowyong Blog which I found sort of interesting.  I didn’t go into depth on the site but the site is dedicated to finding the best forex expert advisor.  He posts real-time results of all EA’s that he’s currently testing.  

I also want to mention something unrelated.  You may have noticed that I’ve been adding additional text to the bottom of a post with a link back to Forex Project or links to other related articles.  Firstly, I think some of the related posts are definitely useful.  Secondly, I’m doing it because of all the scammers stealing my content.  Instead of putting any effort into their own blog or website, they just go out and scrape data, posing it as their own.  So what I’m trying to do is to at least make it known whose content it really is.      

Explore these other Forex Blog posts:

  1. Quantcast Ranking Added to Forex Most Visited Websites
  2. Oanda is #1 in Traffic
  3. New Search Feature
  4. Most Visited Forex Websites
  5. Forex Top 100 Sites Explanation

Free Forex Tick Data

The only place I know where you can get free forex tick data is at Gain Capital’s site, but from my experience and from other traders I’ve spoken too, the data is spotty at best.  There are gaps, format differences, and data overlaps.  What can you expect though, the data free.  I tried for a long time to fill gaps and clean up the data but I gave up.  There was just too much data and it was going to be impossible to verify.

A trader sent me an email a couple of days ago about Oanda providing tick data.  It’s free but with a condition.  You have to have at least a $1000 account with Oanda.  You then can request tick data for one currency pair (GBP/USD, EUR/USD, USD/JPY, USD/CAD, or USD/CHF) that goes as far back as January 1st, 2004.  Oanda’s states that it may take up to two weeks for them to send the data to you and you can only have one request open at a time.  So if you want tick data for all five currency pairs, it will take about ten weeks.  

If you’re an academic faculty member, you don’t need an account open with Oanda.  You can get an exemption and obtain the data for free. 

More details are available at

For more forex related posts from the Forex Project, check out:

  1. Forex Historical Data
  2. Where Do I Get Forex Historical Data?
  3. Building Up Historical Forex Data
  4. Lots and Lots of Forex Data
  5. Forex Real Time and Historical Data

Support the Forex Project

Learn and trade Forex with free $100k demo accountDo you want to support the Forex Project and at the same time get a more in-depth view into 1 of the 24 remaining NFA registered forex brokers?  I’ve never explored Forex Club and don’t know much about them.  I like to keep my options open though when it comes to forex brokers so I’m always on the lookout to find out more about one.   To support this website, you’ll need to fully sign up for a demo by clicking on the link to the right…. or don’t.



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